Member Info for charles432

PAF is moving to the Main London market, and it is possible the MMS asked CEO to sell shares, in order to provide a buffer stock with upcoming move.

Patryk is correct that with the shut down in USA the market is in termoil because nobody knows exactly what is happening, and I do not expect the Gold Price to settle down before the US shut down opens up again.

I see the current situation as more patience needed, and if you did YOR and have faith in company, hence no need to sell. Anyway the move to the main London Market will be a vert interesting event.

PAF share holders need a quarterly report , the only way to keep the Market informed as to regular company progress.

The lesser PGMs also have value and today I find, Ruthenium @ $910 , Iridium @ $4525 and Osmium @ $1500 all per oz.

Over time as these lesser PGMs become more readily available so special uses are found for them.

N.Farage appears to have accepted money from Russia to promote Putin in the EU when he was an MEP. We can all be thankful a week in politics is a long time, and more of N.Farage's past will emerge long before the next UK General Election.

In spite of all the endless political comments which dominate this board , Lloyds Bank remains an investment with :

!). A progressive dividend policy

2). An active share buy back policy

3), Well led by a management team who understand a clear way forward.

I like 1405 DR believe the first quarter results for FT26 will show a big increase in revenue and hence earnings. Now that SLP has a decent spread of minerals recovered , I see more share price stability and rewards.

I for one do not wish to see PGM prices rocket up , because that just leads to uneconomic mines coming back into production and then ultimately PGM supply over takes demand and PGM prices fall.

But SLP has its JV expansion well on to full production, including an increase in Chromite production. Whenever Chromite prices rise then PGM prices tend to fall , the two in my experience move in opposite tandem.

Many, many, many years ago I was invested in both JLP and SLP, but I sold Slp and kept Jlp , what a mistake. Thankfully when I sold Jlp at a considerable loss I was able to reinvest my loss balance in Gold Shares so the pain from that mistake has gone away. But I should have noted my Grandfather's comment, "Boy the most important person in a company is the CEO, if you ever lose faith and trust in a company CEO , then sell that company no matter if you loose cash".

I hope Martin Lewis and his lawyer mates understand that for every car finance deal there are two parties , a Bank and a Broker. £700 divided by two makes £350 liability for each party.

The scandal is not going to be a free finance gift for Lawyers.l

I understand that currently all PAF share holders must exercise patience,

But I wish the Company would:

1) Issue Quarterly reports

2) Allocate meaningful $xm each quarter to share back scheme. The recent Iddy-Piddy share buy back scheme died at dawn.

3) Pay an Interim Dividend.

4) Pay a meaningful Final Dividend.

The above 4 steps I regard ass an essential part of Company Growth as PAF migrates to the main London Market.

Well Martin Lewis and his tail gate lawyer mates are now salivating at the prospect of even more cash for little work. The FCA needs to set a low % charge for every claim processed by Lawyers , hence ending this ever lasting merry-go-round where Lawyers jump on the Carosel of cash hand outs.

PAF at current Gold Price is a money printing machine.

With the USA racking up $1T of foreign debts every 100 days under D.Trump's leadership , and worldwide Central Banks replacing their Dollar holdings with Gold, I can only see the Gold Price continuing to climb higher.

Yes Waterloo04 I agree that there is a 20% SA witholding tax imposed on dividends by SA Government. But I believe there is a reciprocal agreement on taxation with the UK Government and PAF needs to get this tax removed, once the shares are listed on the main London market.

Illegal migrants flood across the channel, the vast majority are single , 18 - 24 year Islamic Males. This week 2 children and one women have been crushed to death in over loaded plastic boats. On the Titanic it was women and children first and the men sacrified themselves , but they were British. The young Islamic males entering our country at Dover come from a totally different culture compared to native Brits.

But our Government appears powerless to stop them, and US Tax Payers all end up paying more tax to keep the Illegals in Luxury, way beyond anything enjoyed by my old granny.

Next Lloyds Bank will suffer because it will have to pay a Bank Levy, justified because it is making money and the Government needs more revenue from some where. Profit in the UK is now a dirty word and a crime according to the Looney Left.

I could not find a RNS this morning on the LSE , very strange because early on there were people commenting on results on this board as if they had read an RNS.

I just assumed it was another AIM failure were strict protocols are not observed. I just hope non of the Ungodly benefited

Bustard I agree with your after tax figure of $350m except my figure is near $400m. But for myself will shareholders be rewarded or is the company on an endless trip of expansion. However once PAF is on the main London market, there will be far greater investigation of its activities and rewards to share holders.

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Well I never thought it would happen, PAF to the Moon.

My problem is it took myself so long to find PAF , mainly because I always do my own research. But I should have moved faster, having once lived in SA for some 32 years, and been well aware of the gold mines as a Chemical Engineer.

But I can only blame myself and good luck to all on this board.

Paddyk you state Fracking is environmentally dangerous, apparently it is safe in the USA. You overlook the technological advances in fracking. The UK has plenty of gas available for fracking. UK industry and consumers desperately need a source of cheap energy, to enable the Economy to grow and cost of living to fall.

You obviously belong to nut zero and believe fracked gas from the USA can be liquified, transported across the Atlantic and introduced to the UK gas network with zero CO2 emissions

Lloyds Bank would obviously prosper even more, if the UK was allowed to utilise it sources of cheap gas.

the movement in paf share price is extreme, one would have thought that the gold price had collapsed, whereas in reality it continues upward.

i believe paf is printing money with earnings for the first two months of 2026 running at $0.5 - $1.0m per day. hence my calculation on back of *** packet shows after all expenses and further investment expenditure the company has at least $55m already in the bank for 2026.

the big concern is will paf reward its share holders, or will it hoard cash for future unforeseen events. companies that hoard cash tend to waste it on vanity projects.

but high/ho all will be revealed on 10th sept, good luck to all.

Sorry it should have read "where" and not "here" .

Lloyds Bank Group has a decent progressive dividend, an active meaningful share buy back scheme and management know their future direction of travel.

What is there not to like about Lloyds Bank shares , which I believe will be £1 by Jan 2026.

I regret this board is full of political doom and gloom every hour, every day and every month. People please move to social media here you belong.

At the current Gold Price I am convinced PAF is printing money. I do not expect the Gold Price to fall, the USA debts are very large , could be in excess of $37T. D.Trump's policies have convinced the rest of the world that the dollar is no longer a stable value currency, and it is being steadily replaced by gold.

Current PAF expansion moves have been completed and into active production as the Gold Price has exploded. Thus I can see no reason for PAF to delay paying an interim dividend any longer. The final dividend needs to double or treble, with an enlarged active share buy back scheme instituted. Such moves will draw investors to the company as it enters the FTSE 250 index.

The above steps are all to rewarded share holders for their investment in the company. Many years ago my Grandfather told myself, " The first duty of the CEO and BOD is to reward share holders for their investment in their company".

Along with others on this board, I regard BP as a recovery stock. Currently the company has too much Debt and its R.O.C is low. Thus I look forward to the new chairman selling off under performing assets and hence reducing the debt burden , which will probably take about two years.